
Silver rally hits $86.80 as industrial demand defies rate pressure

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Silver prices have reached $86.80 per ounce, marking a six-day winning streak fueled by robust industrial demand, particularly in solar panels, electronics, and vehicles. This demand is helping to counteract the effects of rising interest rates and inflation. Technical analysis indicates potential resistance levels at $93.80 and $97.30, with current consolidation suggesting a strong trend.

